ViacomCBS Networks International, a subsidiary of ViacomCBS Inc., has agreed to acquire Chilevisión from WarnerMedia, a division of AT&T.

“Latin America is one of the world’s fastest-growing streaming markets, and Chilevisión will be a key driver of our accelerated streaming strategy in the region,” said Raffaele Annecchino, president and CEO, ViacomCBS Networks International. “Chilevisión is an extraordinary addition to our existing business in Latin America and will fortify ViacomCBS’s position as a premier Spanish language content producer.”

Chilevisión will fall under the leadership of Juan Acosta, president of ViacomCBS International Studios and Networks Americas.